Thursday, August 02, 2012

Audi Group half yearly operating profits stand at €2.9 billion: Audi Q3 sales high and new A3 sedan awaited

Audi Group first half yearly performance was positive with the company reaching both sales and revenue targets. The company earned €2.9 billion in operating profit and 11.5% operating return on sales. It is this that has proved the company's performance in an otherwise dismal auto market atmosphere.

The company hopes to reach deliveries of 1.4 million during the entire year and judging from their first half yearly performance it is in all probability that they will reach over this target. Audi A3 is also expected at dealer showrooms by end of August which will also help in increasing sales pitch. During the first six months of 2012, Audi Group delivered 733,237 units which resulted in an increase of 12.3% over deliveries made in the same period of the previous year wherein the company delivered 652,892 units.

Demand was particularly experienced where Audi Q3, Q5, A6 and A7 models were concerned. These increased sales increased revenue to the tune of 16.2 % over previous year's earnings while operating profit increased by 13.2% over previous year's figures. The company looks forward to Audi A1 Sportback, Q3 and their upcoming A3 to help them reach their targets and increase their share in auto sectors.

No comments: